Investment
Features
FeesSafety
Academy
More
Pluang+

TNR Gold enters exclusivity with Altius Minerals on potential acquisition proposal.

Company Fundamentals
06 Oct 2026
Proactive Investors
View Source
Neutral
TNR Gold enters exclusivity with Altius Minerals on potential acquisition proposal.

TNR Gold Corp has agreed to an exclusivity arrangement with Altius Minerals Corporation regarding a non-binding proposal for Altius to acquire all remaining TNR shares it does not already own. Altius currently holds about 12.7% of TNR, up from 9.8%, after purchasing additional shares in July. No definitive deal has been made yet, and Altius may or may not proceed with a binding offer. Meanwhile, TNR has scheduled its annual shareholder meeting for December 8, 2026, and continues its strategic review following a legal petition withdrawal that allows the current board more time to act.

TNR Gold's exclusivity deal with Altius Minerals is the subject here, with Pluang data providing market context. For readers following Basic Materials, 18 of 38 priced US stocks rose while 20 fell. Notable movers include Southern Copper Corp at USD 201.00 with a -2.09% change, AngloGold Ashanti Limited at USD 92.55 with a -2.04% change, and Freeport-McMoRan Inc at USD 71.32 with a -1.79% change. This snapshot is as of Oct 06, 2026 21:21 WIB.

More News

Devon Energy shares seen rising 40% as analyst sets $67 price target amid asset sale pressures.

Devon Energy shares seen rising 40% as analyst sets $67 price target amid asset sale pressures.

An analyst from BMO Capital set a $67 price target for Devon Energy, suggesting a 40% upside from its current share price of around $48. The oil and gas producer has consistently beaten earnings estimates recently, showing strong financial health. Ho...

Analyst Insights
Bullish
51 minutes ago
$10,000 in Marvell stock 10 years ago is now worth about $206,000, needing 35% annual growth to repeat.

$10,000 in Marvell stock 10 years ago is now worth about $206,000, needing 35% annual growth to repeat.

An investment of $10,000 in Marvell stock a decade ago has grown to approximately $206,000 today. Achieving the same growth again would require an annual earnings increase of 35%. This highlights Marvell's strong past performance and the challenge of...

Market News
Bullish
1 hour ago
Amazon's price target raised 50% on strong AWS demand and $200B AI investments.

Amazon's price target raised 50% on strong AWS demand and $200B AI investments.

Analyst Ivan Feinseth of Tigress Financial raised Amazon's price target from $315 to $385, reflecting a potential 50.8% upside from the current price of $255.37. The upgrade is driven by strong demand for Amazon Web Services (AWS), with much of its 2...

Analyst Insights
Bullish
1 hour ago
AIG's price target adjusted to $80 as Q3 earnings approach, showing strong underwriting gains and AI integration.

AIG's price target adjusted to $80 as Q3 earnings approach, showing strong underwriting gains and AI integration.

Morgan Stanley analyst Bob Huang lowered American International Group's (AIG) price target to $80 from $81, with the stock trading around $76, indicating potential upside. AIG is set to report its Q3 2026 earnings on November 3, with investors focuse...

Analyst Insights
Bullish
3 hours ago
Vertiv Holdings sees mixed analyst ratings amid strong cash flow and data center product growth.

Vertiv Holdings sees mixed analyst ratings amid strong cash flow and data center product growth.

Vertiv Holdings, a maker of power and cooling equipment for data centers, faces mixed analyst opinions with GLJ Research rating it a "Sell" and BMO Capital giving an "Outperform" rating. Despite a recent stock pullback, the company reported a 241% in...

Analyst Insights
Neutral
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App